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The Economic Times

Economy / The Economic Times

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MSMEs seek force majeure relief amid Gulf war disruptions

Small businesses supplying the government are seeking relief from contract penalties. They want the Centre to invoke force majeure due to global supply chain issues stemming from the Gulf war. This mirrors measures taken during Covid-19. The government is examining these requests. Exporters are also receiving support through schemes and extended credit periods.

7 Apr 2026 12:28 am